Bulk drugs - Effective rates of duty

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..... ecessary in the public interest so to do, hereby exempts goods specified in column (2) of the Table hereto annexed and falling within Chapter 28, 29 or 30 of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), as the case may be, from that portion of the duty of excise leviable thereon which is specified in the said Schedule as is in excess of the amount calculated at the rate specifi .....

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..... ing goods, namely :- Nil If, - (1) Meta Aminophenol (i) used for the manufacture of bulk drugs as specified at S. No. 1 above; and (2) Para Nitrochloro- benzene (PNCB) (ii) where such use is elsewhere than in the factory of production of the said bulk drugs, the procedure set out in Chapter X of the Central Excise Rules, 1944, is followed. (3) Picolines (4) Novaldiamine (5) Ethoxy me .....

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..... cified at S. No. 1 above 10%— Explanation - For the purposes of this notification, (i) "bulk drug" means any pharmaceutical, chemical, biological or plant product including its salts, esters, stereo-isomers and derivatives, conforming to pharmacopoeial or other standards specified in the Second Schedule to the Drugs and Cosmetics Act, 1940 (23 of 1940), and which is used as such or as an ingred .....

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